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Industry News

Apple acquires Beats Music and Beats Electronics

Published on May 29th, 2014 | by The GC Team

Apple today confirmed it has agreed to acquire subscription streaming music service Beats Music and Beats Electronics, which makes Beats headphones, speakers and audio software, for a total of $3 billion. In a statement released today, ... Read More


Industry News

May retail sales record steady growth

Published on May 28th, 2014 | by The GC Team

Retail sales continued to grow steadily in the year to May, although at a slower pace than in April.  According to the CBI’s latest Quarterly Distributive Trades Survey, the result represented the sixth consecutive month of ... Read More


Industry News

LG’s G3 smartphone launched globally

Published on May 28th, 2014 | by The GC Team

London was one of a number of locations worldwide where LG’s new flagship smartphone, the G3, was revealed to the world yesterday: if “revealed” is the right word, given the amount of information about the G3 ... Read More


Finance

BSH posts 7.2% growth in sales

Published on May 27th, 2014 | by The GC Team

BSH has reported annual sales growth in all regions but profits were hit by a global recall on dishwashers. The company posted sales for 2013 up 7.2% to €10.5 billion. Key regions for growth were China, ... Read More


Industry News

Freesat partners with Manhattan in new STB deal

Published on May 27th, 2014 | by The GC Team

Freesat today announced that its long-term partner Manhattan Technology is to manufacture a new line of Freetime set-top boxes. Manhattan is the largest UK-owned manufacturer of set-top boxes and supplies thousands of independent retailers via its ... Read More


Business

Sony - Make Believe

Sony targets ¥400 billion operating profit in FY15

Published on May 27th, 2014 | by The GC Team

Sony is aiming to raise consolidated operating profit to around 400 billion yen in its FY15 as a result of its business reorganisation. Speaking at the company’s Corporate Strategy Meeting for the current fiscal year, Kazuo ... Read More


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